Economists live the concept of compounding especially for growth and finance matters. If your economy grows by 5% for 5 years, the overall growth is not 25% but 31.25% as one also has to multiply the incremental growth.
Prof Gernot Wagner who teaches climate economics at New York University says compounding runs both ways. Just like we look at its positives we should be weary of its negatives as well:
Mostly Economics 
